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The ADP report shows low employment growth for August, at 132,000, (300,000 expected)
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This report is being published for the first time since June. Banks in the U.S. have no doubt that the ADP report better reflects reality, which could indicate a very weak NFP
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The dollar was very strong for the first part of the day, also leading to a strong sell-off in gold, which reached $1,710 per ounce
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Gold is back around the previous month's minima, reducing strongly the rebound that took place due to the Fed Pivot
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EURUSD tests the peaks of last Friday's Jackson Hole symposium, after much speculation of a 75bps hike emerged
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Goldman Sachs, Bofa point to such a move by the ECB next week, with the market pricing in 75 bps by the end of October
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Crude oil inventories fall by more than 3 million barrels per day, stronger than expectations. Gasoline stocks also fall sharply, but demand data already show a weaker picture
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Oil reserves fall to the lowest level since 1984
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Indices continue to sell off. S&P 500, Nasdaq are likely to score about 4% drop from full-month perspective
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